dow 24000

[DriveInDriveOut]

I suppose one could make the same argument about FOX NEWS doing their level best to tank Obama...

But that’s not how things work.

Again, you’re complaining that the media and politicians are political.

Duh

If you think the media situation is the same as it was a decade ago you're crazy.

 

[Up In Smoke]

You think the board of directors of black Rock are the only people who spend money in the economy?

Ttku demwit....
Earnings are going to be lower because the media and liberals have pushed fear and taken unnecessary actions that hurt the economy. The market is pricing that into valuations. It's not that complicated.

So Powell announces a rate cut and QE and the markets go limit down, who's driving this move?

 

[IVE GOTTA PACKAGE 4U]

Wish I had more cash tbh.
Just trying to max everything out as fast as I can.... I was too poor/young and dumb to benefit from the 2008 buying opportunity, not gonna miss out on this one.

A year or two from now you will be happy. Not like the dumb friend* that pulled out our market and bought 10 your treasuries for under a half a percent

 

[DriveInDriveOut]

So Powell announces a rate cut and QE and the markets go limit down, who's driving this move?

Democrats.
Ttku.

 

[IVE GOTTA PACKAGE 4U]

Democrats.
Ttku.

Thanks Dave

 

[Jones]

So Powell announces a rate cut and QE and the markets go limit down, who's driving this move?

Down to one round, you know what that's for.

 

[Package Stick]

My puts will make me a lot of money for the next 2 weeks. Every 100k you should hedge with 5k-10k in long OTM puts, it's like buying car insurance. You WANT the puts to expire worthless.

Hedging is a lost art, and people are stupid.

 

[DriveInDriveOut]

Down to one round, you know what that's for.

Yet to be seen whether it's a good thing they pulled the trigger early.

Clearly they feel they should have acted sooner in the last recession. We'll find out if they're right.

 

[IVE GOTTA PACKAGE 4U]

Yet to be seen whether it's a good thing they pulled the trigger early.

Clearly they feel they should have acted sooner in the last recession. We'll find out if they're right.

It may cause more panic.

 

[DriveInDriveOut]

It may cause more panic.

Probably, definitely will short term.

On the plus side it won't give politicians any excuses to blame the fed, so maybe they'll wise up and do some infrastructure spending.

 

[Up In Smoke]

It may cause more panic.

Good chance I'm wrong about the Dow breaking thru 20,000.

 

[IVE GOTTA PACKAGE 4U]

Probably, definitely will short term.

On the plus side it won't give politicians any excuses to blame the fed, so maybe they'll wise up and do some infrastructure spending.

Honestly they should just closed the market for a week or so

 

[IVE GOTTA PACKAGE 4U]

Good chance I'm wrong about the Dow breaking thru 20,000.

15,000 and I'm all in

 

[Up In Smoke]

Honestly they should just closed the market for a week or so

I just read that opinion, the Fed has the power to do that.

 

[DriveInDriveOut]

Honestly they should just closed the market for a week or so

Social distancing..... ever seen the market floor?

 

[Non sequitur]

What opportunity did you miss out on in 2009? Maybe lighting is striking twice

 

[IVE GOTTA PACKAGE 4U]

Social distancing..... ever seen the market floor?

The market has been closed a few times. If I remember correctly the last time it was closed was after hurricane Sandy

 

[IVE GOTTA PACKAGE 4U]

I just read that opinion, the Fed has the power to do that.

They might have to

 

[Up In Smoke]

15,000 and I'm all in

Some of the companies that I have traded recently have backed up the truck and filling the cargo area with cheap loans. There is ton of borrowing going on. Everyone received a low interest credit card and it's Christmas.

 

[Package Stick]

The market has been propped up by low rates, you can thank Trump for ing us.

He thinks low rates mean stocks go up, Jesus .

Short corporate bonds. UPS has used debt to buy back shares, we're at risk guys.